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CPA Australia: COVID-19 a double-edged sword for Taiwan s small businesses

CPA Australia: COVID-19 a double-edged sword for Taiwan s small businesses
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Foreigners to get subsidies from Taipei government

Foreigners to get subsidies from Taipei government A report on Friday last week misstated that the Taipei City Government wasn’t going to offer ARC and APRC holders cash subsidies and tax breaks By Steven Crook and Michael Turton / Contributing reporters Over the weekend, among expatriate circles, a report by the Central News Agency (CNA), which stated that individual foreign residents unlike Taiwanese citizens wouldn’t be eligible for one-off cash handouts of NT$3,000 to NT$6,000 if they were encountering financial difficulties as a result of the COVID-19 outbreak, caused some dismay and a good amount of annoyance. Foreigners who’ve been living and paying taxes in the capital for years felt aggrieved and excluded. And all for no reason, it seems: Tom Chou (周台竹), commissioner of the Taipei Mayor’s Office for External Affairs, on Monday said: “We won’t exclude a foreign individual, so long as he or she pays tax to the central or local government.”

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Year in review: Ten most read stories in Features

Year in review: Ten most read stories in Features By Noah Buchan / Staff reporter Unsurprisingly, COVID-19 dominated the most read topics in Features over the past year. What made our COVID-19 coverage unique, especially in the early days, is that we explored it through first-person accounts of contracting the virus or being quarantined after returning from abroad. Surprisingly, other most-read stories included the Black Lives Matters movement in the US and how it impacts the global discusson on race. Two stories here examine what impact the movement has for Taiwan. Whimsical stories also had a strong showing. Two articles took deep dives into different aspects of local culture: how magic folk beliefs remain a powerful part of people’s lives and the proliferation of assholes hiking in the mountains of Taiwan. Read on to see what most interested our readers this year:

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Taiwan Business in Brief – December 2020 - Taiwan Business TOPICS

Taiwan Business TOPICS Stimulus Voucher Program Expanded The popular triple stimulus voucher program introduced by the Taiwan government in July has been expanded to include Alien Permanent Residency Certificate (APRC) holders and foreign diplomats. Starting from November 16, Taiwan’s approximately 13,000 permanent residents and 1,400 diplomatic personnel can purchase the vouchers, which cost NT$1,000 and are valued at NT$3,000, at post offices across the island. Justifying the expansion, Premier Su Tseng-chang said that many of Taiwan’s APRC holders have deep connections to Taiwan, identify as Taiwanese, or have made significant contributions to the nation. Including these foreign residents in the program is the government’s way of showing its appreciation, he said.

Su tseng changStimulus voucher programAlien permanent residency certificatePremier su tseng changசு ட்செங் சாங்ஸ்டிம்யுலஸ் வவுச்சர் ப்ரோக்ர்யாம்அன்னிய நிரந்தர வதிவிடம் சிஇஆர்டிஐஎஃப்ஐசிஏடிஇப்ரிமியர் சு ட்செங் சாங்